, imports, and research and development (R&D), for 5 Asian countries using panel unit root, panel cointegration with structural … breaks and panel long-run estimator for the period 1974-2007. We model this relationship within the production function …

financial development and economic growth. The results of panel cointegration analysis suggest that there is two … annual macroeconomic panel data for selected 14 Asian economies. The study focuses on the link between the indicators of …-way cointegration relationship from GDP to GCF and BM in short-run as well as in long-run however, the relationship is one-way, that is …

addressed the issue of cross section dependence and used Westerlund (2007) panel cointegration test which is robust against … cross section dependence and heterogeneity for detecting the presence of panel cointegration. By applying Fully Modified OLS … Asian economies. The current study for the first time has used the panel data covering 36 Asian countries for the period …